NOT LISTED FOR SALE

330 60th St SE Grand Rapids, MI 49548

Estimated Value: $353,000 - $620,000

4 Beds
2 Baths
-- Sq Ft
2,526 Sq Ft Lot

Last Sold January 03, 2012

Last sale price $114,000

Est. 275% increase in value since last sale

Current estimated payment $2,604/month

48 Days on Market

Highlights

  • Wooded Lot
  • 1 Fireplace
  • 4 Car Garage
  • East Kentwood High School Rated A-
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of January 2012

This is priced to sell and won't last long. Same owner since 1983. Each unit has 3 bedrooms and 2 full bathrooms. The main floor of each unit has 2 bedrooms,1 bath,living room, and kitchen The basements each have a finished family room as well as another bedroom and bath with shower. Each unit has a 2 stall garage. Both units have a very large deck and all the windows have been replaced recently. The home owner has recently moved to an assisted living center and the tenant who had rented this for the past 7 years has also recently moved so this property is available at close. This duplex should generate a minimum of $18,000 gross annually if both units are rented or at least $9,000 if the owner chooses to occupy one unit.

Last Agent to Sell the Property

Gordon Vanvuren

Apex Realty Group License #6501355858 Listed on: 10/26/2011

Last Buyer's Agent

Gordon Vanvuren

Apex Realty Group License #6501355858 Listed on: 10/26/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 2,526 Sq Ft Lot
  • Lot Dimensions are 108.95 x 233
  • Level Lot
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $694
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1979
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 108.95 X 233
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2861.0
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Aluminum Siding
  • List Price: 135000.0
  • Lot Features: Level, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Pets Allowed2: Yes

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 108.95 X 233
  • Lot Size Sq Ft: 2526.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Income: 18000.0
  • Insurance Expense: 694.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2861.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2011
Closed on
Jan 3, 2012
Sold by
Martinez Marcella
Bought by
Moseley Ryan
Seller's Agent
Gordon Vanvuren
Apex Realty Group
Buyer's Agent
Gordon Vanvuren
Apex Realty Group
List Price
$135,000
Sold Price
$114,000
Premium/Discount to List
-$21,000
-15.56%
Current Estimated Value
$427,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,380
Avg. Annual Appreciation
9.59%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moseley Ryan $114,000 River Valley Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Antonio B $47,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2012 01/03/12 Sold $114,000 -15.6% --
12/13/2011 12/13/11 Pending -- -- --
10/26/2011 10/26/11 For Sale $135,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,305 $140,400 $0 $0
2024 $3,305 $110,300 $0 $0
2022 $0 $93,600 $0 $0
2021 $0 $91,000 $0 $0
2020 $0 $88,700 $0 $0
2019 $0 $85,100 $0 $0
2018 $0 $75,500 $19,000 $56,500
2017 $0 $70,700 $0 $0
2016 $0 $62,000 $0 $0
2015 -- $62,000 $0 $0
2013 -- $60,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11057695

Southwestern Michigan Association of REALTORS®

APN: 41-22-06-100-029